There is also a ‘Triple bottom chart pattern’ chart layout is detected. The chart picture shows ‘Triple bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.
The combination Terra Luna Classic/Tether (LUNC/USDT) jumps from the bullish trendline downwards
A bearish descent downwards to the next support line at 0.000060600 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000062060 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Matching Low’ candle chart pattern is discovered. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000063420 |
| 2nd High | 0.000062580 |
| Next High | 0.000062060 |
| Current Price | 0.000060680 |
| Next Low | 0.000060600 |
| 2nd Low | 0.000059930 |
| 3rd Low | 0.000059580 |
0.000062060 – 0.000062580 – 0.000061970 – 0.000060600 – 0.000060610 – 0.000061240 — 37.650759711979 – 37.489665466003
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Matching Low – Triple bottom chart pattern – –